Robert Iger, who was chosen to succeed Michael Eisner as chief executive of Walt Disney, has the massive challenge of bringing stability to the media giant as the Magic Kingdom struggles to reclaim
its past glories. Eisner, 63, had been scheduled to depart the company when his contract expired next year. On Sunday Disney's chairman, George Mitchell, announced Iger will assume the job Sept. 30.
Iger, 54, has been the president of Disney since 2000 and was previously a senior official with Capital Cities/ABC before it was acquired by Disney about a decade ago.
Read the whole story at MarketWatch, March 13, 2005 »